'malley and teri branstad and bob mcdonnell also here. we're going to talk to former u.s. olympian, dara torres, it's friday the 13th and "starting point" begins right now. >>> welcome, everybody, breaking news to start "starting point" this morning, a story developing as well. jp morgan chase is releases earnings and disclosing they lost $5 billion in a monumental trading blunder. we're digging through the numbers. christine romans will update you on what that earnings report means straight ahead. >>> also, more controversy over the uniforms for the united states olympic team. when they walk no london's olympic stadium, they are going to be wearing ralph lauren, red, white and blue ensemble made entirely in china. lawmakers are outraged for outsourcing the clothing. alina cho joins us with more on that. >> there's rare bipartisan backlash on capitol hill about this. good morning, everything in the uniform from the beret to the blazer and shoes made in china. they are made by american designer ralph lauren as soledad said and they are just for the opening and closing ceremonies, recently i got an o